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Show WORLD'S SHIPOWNERS SUFFER BIG LOSSES LONDON. July 1 (By A. P. Mall) The ship owners of tho world have loot l.too.000.00 pounds sterling aa a result of the recent slump In marina frelrhts. This la tha estimate of Fairplay In lta aemlannual review of tha ahlpplng eale market. m cargo steamer of 7600 tons brought H.0OO In March of this rear, according to Fairplay. Then tha freight market went to piece, and today tha seme vessel would not bring more than- 12,000. She cost CH8.TS0 in March. 1920, but only 61.000 at the height of tha boom In mi. |